Mtechtips MCX-SX GBPINR INTRADAY trading analysis 13-11-2018 MTECHTIPS:- Pound is strengthening against Indian Rupee in long- term .Currently Pound is moving sideways The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is showing BUY signal and has moved down its previous low with good volume points to a negative break out . The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is showing BUY signal For short term Pound is in HOLD LONG position and GBPINR closed below 1 week low with volume signals down breakout.Positionally Support for GBPINR is 92.78-92.16-91.29-.Resistance for the GBPINR is 95.09-95.23-95.26-96.21- In medium term Pound is relatively strengthening against Dollar- Yen- In long term Pound is relatively strengthening against Euro- Dollar- Short term and Intraday Level of Pound with Rupee GBPINR and closed below 1 week low with volume signals down breakoutCurrently GBPINR is in HOLD SHORT position GBPINR is in sideways but the trend looks weak so better buy above 95.725 or hold with stop at 93.99 The oscillator is showing SELL signal Intraday Trend- Sell if open below 93.682 with stop loss at 94.398 or sell below 93.513Buy is not advised till it cross 94.569 WWW.MTECHTIPS.COM 07489294118-119
Published on Nov 13 2018 10:37AM, by MTECHTIPS in Currency| Share This